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Savings & investments

Archives for August 2004

Re: Premium Bonds are you a winner?
Moderator action:- Apologies for hijacking your post jaybee but I had to remove the lead post of this topic becausethe signature broke our rules. This is the content of the post:- I wish! Mine are stuck at the bottom of the bucket >:( :-[
Investment Trusts
Over the years I have accumulated small amounts of shares given to me by bigger companies. for example "THUS". These are worth so little that it would cost almost as much to sell them as I would receive from them. I know that , in the past, some Investment trusts have taken shares and converted them into their own shares…
Best Account for 16 year old student!
I would really appreciate help on this one.I have two daughters in full time education.Ages 16 and 14.I have spent ages trying to work out the best accounts for them to move to.I have been working through all my finances-with this site and the book!Now I have got to the children I am having problems with the 16 year olds…
warning re cahoot and direct debit
Warning: If you have a Direct Debit to pay money from another account into your Cahoot savings, phone Cahoot URGENTLY and demand to know how much money they will deduct, and when. CAHOOT JUST TOOK £4000 FROM MY CURRENT ACCOUNT WITHOUT MY PERMISSION!!!!!! :o >:( Further details if you're interested: I haven't been able to…
Moving Money
If you are going to move money to another bank electronically try to do it on Monday or Tuesday so it arrives in the new A/c within the 3 working days of the same week.If you do it after Tuesday it does not usually arrive until the next week as the W/E does not count in working days.So it can take up to 5 or 6 days of lost…
Student needs Investment Advice
Hello, thanks for reading. I am a 21 year old student and am looking to invest some money, I've built up some savings by working hard and being careful with my money, my savings (around £3000) are currently sitting in a MiniCash ISA. I would like to take around £1000 of it to move into another investment, not expecting to…
What's more important- MS or pants CS?
[glow=red,2,300]What's more important? Money Saving or Pants Customer Service?[/glow] Cahoot maybe the best at the moment (I know not for long) for savings accounts (no notice) at 5.5%. But I can't actually seem to apply on their account as it keeps saying my session has expired. I know my internet settings are fine, but…
Halifax web saver
In sunday times halifax websaver up to 4.9% from wednesday only .2% rise.
Just got my first paycheck..where can I put it?!
Hi, Great site, hope someone can help me out! Every month I will have about £1000 to put somewhere, but I'm lost as to where..I'm thinking of a saving account? I already have an ISA, and at the mo my pay is sitting in a HSBC account (very low interest) and want to get teh most out of it as I can..any advice would be of…
Advice needed on Banking Code !!!
My bank who I have been with since i was a student are out of order, or so I think. I had an additions account for a few years, then was approached my the bank to move to Platinum banking, so I did - it was free, and it seemed to work and I got a few perks. I thought I'd been on it until recenty when I checked my statments…
National Savings Cuts Rates
Following the rise in the Bank of England Rate earlier this month, National Savings has cut at least one of its interest rates - 28th Issue Fixed Savings Certificates (tax free) Not sure when this occurred exactly, but sometime since 17th, as press relases from NS&I only go up to that date, and the current offering is not…
Shareholder rewards
Think it would be handy to have a listing of all shareholder rewards - Marks and Sparks are looking into this at the moment and with Signet there is a 10% discount at their stores. Obviously not a reason to buy a particular company shares in itself, but something to consider...
Virgin Pep Account
I have had £10,000 in a virgin pep account for the past 7 years and am down about £300. I know peps are suppose to be long term but how long as I am not pleased with the return so far, so my question is... Should I take it out and with the lost and put the money somewhere else - if so where or give them a bit more time to…
INTEREST
i have a question that i need answering.......... if i open a savings account with a bank and they give me an introductory rate of 6% for say 6 months and they pay the interest on the anniversary that the account was opened, how do i get paid my interest if i move my money to another account when the six months is up?
Abbey - latest demo on their site
Abbey's website seems to be even better than before. I've had their online a/c ever since it was first launched, and find it very efficient. Access has never been denied. (Cahoot, learn from your parent company!) Also, funds earn interest from the same day they are transferred to eSaver from the Abbey cheque account. So,…
Who has been consistent with high interest rates?
Hi to all money saving experts As you can see this is my first post so please be nice! ;) I too may be emigrating next year (looks like a trend at the mo) and will have a spare £80k. I am a very cautious person by nature and have never dabbled in anything higher risk than savings accounts :-/ I would obviously like to keep…
Coventry – AER equal for monthly/annual interest
Effective September 1st, Coventry Building Society's online account NetSave Instant offers the same AER, no matter whether interest is paid annually or monthly. (I know some folk here prefer to see their savings grow, month-by-month – eg via trend-setters ING Direct.) The only snag is Coventry's new rate is just 4.85%…
Premos! To sell & do waht with?
I bought £20,000 of Premium Bonds last year. I didn't need the money & I liked the idea of the safe gamble. As it goes, have won about £450 in £50 increment. I always said I'd it for a year and see. The year is nearly up and I'm not sure what to do with the money. I may need it in the next 12 months for a house deposit but…
Scottish Widdows savings....stay or go?
Here's the thing! I put away £30 every month into a Scottish Widdows endowment thing...not linked to my mortgage or anything. Anyway, it comes up for its 10 year anniversay in November and I can choose to take half the guaranteed life assurance value or something (about £3500 I think) or carry on for the full 20 year term.…
Invest or pay off debts?
I really want to invest some of my cash , but am still in debt from uni and have been told, for example, that I shouldn't bother buying shares unless I have no debt (bar my mortgage). So here's my question: is it better to just pay off my debt as soon as possible and throw all my available cash at that, or are there any…

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MSE News

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